ID: MRFR/CR/6764-CR | 111 Pages | Author: Snehal Singh | February 2021
The children’s cosmetics market size is projected to reach approximately USD 1.795 billion by 2028, at a CAGR of 6.79% from 2022 to 2030. As per the children’s cosmetics market research, the growing preference for makeup can contribute to the increasing cosmetics sales for children. Parenting style is a critical factor contributing to the children's cosmetics market dynamics. The professions of parents often influence parenting. For instance, children of makeup artists are found to have curiosity about different aesthetic-enhancing products. In certain cases, children are naturally inclined towards makeup, while parents are happy to let them explore the world of beauty and fashion.
According to the children’s cosmetics market report, the cosmetic industry has been impacted by the COVID-19 pandemic, which resulted in a significant reduction in the children's cosmetics market demand. Additionally, the customer purchasing pattern was dramatically changed across the beauty and personal care space owing to the lockdown and widespread store closures in the first quarter of 2020.
The market dynamics include the rise in the number of creative professionals and the easy accessibility of cosmetics by children, backed by enhanced socio-economical establishments. In the digital era, the rise in awareness about the latest cosmetic launch and their various techniques to apply among children via social media websites can add to the children's cosmetics market expansion. Different cosmetic product manufacturers are investing in the innovation of children's cosmetics that are strictly assessed for safety parameters. The expansion of the product portfolio by key players can enhance the children’s cosmetics market growth.
Several players in the market are initiating digital marketing strategies, creating interactive advertisements, and making significant efforts to encourage their products via social media, which is likely to boost product demand. The growing influence of social media and enhancing internet penetration attract consumers to e-commerce to buy personal care by-products. For instance, in August 2019, a Brazil-based company named Grupo Boticário revealed its plans to develop Beleza na Web, an e-commerce outlet for trading its products. Thus, it acts a crucial children’s cosmetic market driver.
Cosmetic products contain various synthetic chemicals, including pigment molecules, preservatives, and other additives, which can have crucial side effects on the body, such as allergic reactions, acne or discoloration, the formation of black patches, and others. This can be due to the continuous deposit of toxic chemicals in the body owing to prolonged exposure to these products. Thus, according to the children’s cosmetics market research, these factors can change their appearance permanently and thereby assist them in decreasing the daily use of beauty products.
Products formulated with naturally emanated ingredients are accumulating more popularity across the globe due to their safe and non-toxic nature. Increasing demand for eco-friendly products is expected to drive the children’s cosmetics market growth over the forecast period due to the increasing awareness related to sustainability among the population. This can be due to rising consumer awareness related to the adverse impact of synthetic chemicals on health and the environment.
By Category Insights
The children’s cosmetics market segmentation has been divided into organic and conventional on the basis of category. The organic category held a major market share in 2021 owing to the growing awareness of organic children's cosmetics among customers. Besides this, the conventional was the fastest-growing category due to the rising demand for beauty kits.
By Product Type Insights
The children’s cosmetics market segmentation is divided into face products, eye products, lip products, and others based on product type. The face products category had a major share in 2021 due to growing awareness regarding skincare products. However, eye products were the fastest-growing category owing to the rising demand for beauty-enhancing products.
By Distribution Channel Insights
Based on distribution channels, the market segmentation is divided into specialty stores, supermarkets, and hypermarkets, online, and others. The supermarkets and hypermarkets category had a major share in 2021 owing to the availability of a huge range of products from several cosmetic brands under one roof. Besides this, online is the fastest growing online due to the ease and convenience provided by online purchasing.
Global Children’s Cosmetics Market Share, by Region, 2021 (%)
Children’s Cosmetics Market Overview by Region
As per the children’s cosmetics market forecast, the market has been divided into Europe, North America, Asia-Pacific, and the Rest of the World. North America accounted for the most extensive market share. Asia-Pacific is projected to exhibit the highest CAGR during the review period.
North America held a prominent market share in 2021 due to the increased spending power of the populace, coupled with growing demand for luxury and premium products. Furthermore, as per the market research, an enhancing number of well-known beauty product stores in the region is one of the major factors for the baby care market size. For instance, in February 2020, Sephora, the largest cosmetic brand in the U.S., revealed its expansion, including opening approximately 100 new stores around this region in 2020.
Asia-Pacific was the fastest-growing region in 2021 due to developing economies, including China and India. This is owing to various factors, including growing urbanization and standard of living and an enhancing number of working women, fueling the product demand. For instance, as per the data issued in 2019 by the Ministry of Economy, Trade, and Industry of Japan, the number of cosmetics produced enhanced from 434 thousand tons in 2017 to 455 thousand tons in 2018.
Children’s Cosmetics Market Competitive Landscape
The market competitive landscape includes tier-1, tier-2, and local players. The tier-1 and tier-2 players have reach with diverse product portfolios. Companies such as Klee Naturals, Little Cosmetics, Nanjing Miss Beauty Cosmetics Co., Ltd., and Candy Color Cosmetics dominate the market because of strategic developments, product differentiation, financial stability, and diversified regional presence. The market players are concentrating on supporting R&D activities. Furthermore, they embrace strategic growth initiatives, such as development, product introduction, joint ventures, and partnerships, to strengthen their market position and capture an extensive customer base. For instance,
Prominent players in the market include Nestle S.A., BABISIL, Cotton Babies, Inc., Danone S.A., The Himalaya Drug Company, Farlin Infant Products Corporation, Mead Johnson Nutrition Company, Townley, Inc., L’ORÉAL S.A., Puttisu-USA, and Foshan Akia Cosmetics Co., Ltd. among others.
By Product Type
By Distribution Channel
Objectives of the Study
The objectives of the study are summarized in 5 stages. They are as mentioned below:
To identify and estimate the children’s cosmetics market size by category, product type, and distribution channel by value (in U.S. dollars). Also, to understand the consumption/ demand created by consumers of children’s cosmetics between 2022 and 2030
To identify and infer the drivers, restraints, opportunities, and challenges for the market.
To find out the factors which are affecting the sales of children’s cosmetics among consumers
To identify and understand the various factors involved in the market affected by the pandemic
To provide a detailed children's cosmetics market analysis into the major companies operating in the market. The profiling will include the financial health of the company's past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.
|Market Size||2030: USD 1.795 billion|
|CAGR||6.79% CAGR (2022-2030)|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Category, Product Type, and Distribution Channel|
|Geographies Covered||North America, Europe, Asia-Pacific, and the Rest of the World (RoW)|
|Key Vendors||Klee Naturals, Little Cosmetics, Nanjing Miss Beauty Cosmetics Co., Ltd., and Candy Color Cosmetics|
|Key Market Opportunities||Innovative product launches by the market players|
|Key Market Drivers||The rise in demand for cosmetics for children|
The study period of the market is 2021 - 2028
The market is growing at a CAGR of ~6.79% over the next 10 years.
Asia-Pacific is expected to register the highest CAGR during 2021 - 2028
North America held the largest share in 2021
Klee Naturals, Little Cosmetics, Nanjing Miss Beauty Cosmetics Co., Ltd., and Candy Color Cosmetics are the major companies operating in the market.
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